62951 Lasalle RdMontroseCO81401
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Total monthly income runs $1,976/mo, and a $4,405/mo payment. Purchase price stands at $900,000, and rental yield measures 2.63% with $1,976/mo rent. Return on cash invested shows 6.81% in year one, and 5% annual appreciation builds toward $248,653 over five years. Five-year ROI reaches 32.09% and total cumulative return in cash records $95,028. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,976/mo property income covering a $4,405/mo payment rather than investor’s personal income.
Single Family
Built in 1899
10.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81401, Montrose, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,059 (100%) |
| Owner Occupied HU | 6,894 (62.3%) |
| Renter Occupied HU | 3,345 (30.2%) |
| Vacant Housing Units | 820 ( 7.4%) |
| Median Home Value | $384,298 |
| Average Home Value | $468,293 |
Housing Distribution
Address Breakdown
Residential
10,999
Single Family
10,611
Multi-Family
388
Businesses
1,170
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices